摘要：We examine empirically the impacts of labor market policies – in terms of unemployment insurance
(UI) and active labor market programs (ALMP) – on the duration and outcome of job
search and on the quality of a subsequent job. We find that time invested in job search tends
to pay off in the form of higher earnings once a job match is formed. More generous UI raises
expected unemployment duration, while improving the quality of the resultant job. Participation
in ALMP raises the probability of finding a job and the level of expected earnings, but at
the cost of lengthening job search.
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